Fox news is reporting the Washington Post says GM will be moving more jobs overseas very soon.
Can all of you in Auto Spies land guess why?
How about we give you a little quiz.
Before you take the quiz, be sure to look at the reference slides that show where GM will be adding jobs and how much employee wages compare around the world (source: Fox News)
Please answer ALL the questions to the best of your ability.
70% of your final automotive knowledge grade will depend on your results.
1.
Q: What is the MOST important thing GM needs to do RIGHT NOW?
A: Generate sales and make PROFIT to offset the $113 million dollar per day burn rate.
2.
Q: What kind of cars has President Obama said we have to build more of?
A: Small, environmentally friendly cars.
3.
Q: What is the ONLY way to make a profit on a small, environmentally friendly car?
A: FARM OUT the manufacturing overseas where they don't pay UAW wages and have the same regulations.
Now for the second part of our quiz...
1.
Q: How does the President's strategy CREATE more high paying jobs in the USA?
A: It doesn't.
2.
Q: Based on the new strategy MANDATED by the new administration, what are the chances GM has good high sales volume, small, environmentally friendly and profitable cars made in the USA anytime soon?
A: Fill in your answer here ______________
3.
Q: So how does this stimulus/bailout package pay off for taxpayers, consumers and workers in the USA?
A: Fill in your answer here ______________
Thank you for your participation.